Press Release
Food and Beverages

Dairy Alternatives Market 2019: Manufacturing Base, Sales Area and Its Competitors

Global Dairy Alternatives Market

Global Dairy Alternatives Market: By Product Type (Coconut Milk, Soy Milk, Rice Milk, Almond Milk, and Others), By Formulation (Sweetened Products and Unsweetened Products), By Application (Food and Beverages), By Distribution Channel (Super Markets, Food Stores, Convenience Stores, and Others), and Geography – Market Estimation, Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global dairy alternatives market was valued at US$ XX Mn in 2017 and expected to grow at 12.0% Compound Annual Growth Rate (CAGR) over 2018 to 2024

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Market Outline: Dairy Alternatives Market

Global Dairy alternatives are the substitutes of the milk products obtained from animals. Global Dairy alternatives are packed with calcium, protein, and numerous amount of essential nutrients. Calcium plays a vital role in healthy bones and teeth. Protein is an important nutrient which helps the body to grow and repair cells.

Market Dynamics: Dairy Alternatives Market

Increasing incidence of dairy-allergies and gastrointestinal diseases is the key factor attributed for the growth of the global dairy alternatives market. The rising lactose intolerance among the people and growing awareness among the people regarding the nutritional values of the plant-based alternatives is adding fuel to the growth of the dairy alternatives market. However, the high cost of the dairy alternatives and cross-contamination of the raw materials may hinder the growth of this market.

Market Scope: Dairy Alternatives Market

Global Dairy alternatives market is segmented based on the product type, formulation, application, and distribution channel

Based on the product type, the market is segmented into the following:

  • Coconut Milk
  • Soy Milk
  • Rice Milk
  • Almond Milk
  • Others

Based on the formulation, the market is segmented into the following:

  • Sweetened Products
    • Plain Sweetened Formulation
    • Flavored Sweetened Formulation
  • Unsweetened Products
    • Plain Unsweetened Formulation
    • Flavored Unsweetened Formulation

Based on the application, the market is segmented into the following:

  • Food
  • Beverages

Based on the distribution channel, the market is segmented into the following:

  • Super Markets
  • Food Stores
  • Convenience Stores
  • Others

Regional Analysis:  Dairy Alternatives Market

Geographically, global dairy alternatives market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific dairy alternatives market to keep the top spot in the global dairy alternatives market. China contributes the largest share in the Asia Pacific dairy alternatives market owing to higher awareness among the people regarding the alternative dairy products is the major factor enriching the growth of the market. The North America dairy alternatives market holds the second largest share owing to its higher preference for convenience and packed food. The Europe dairy alternatives market is the expected to show significant growth over the forecast period.

Competition Assessment: Dairy Alternatives Market

Some of the players in the global respiratory inhaler devices market include:

  • Döhler GmbH. (Germany)
  • Eden Foods (U.S.)
  • Nutriops SL. (Spain)
  • Earth’s Own Food Company Inc. (Canada)
  • Triballat Noyal (France)
  • Valsoia S.p.A (Italy)
  • Whitewave Foods (U.S.)
  • The Hain Celestial Group, Inc. (U.S.)
  • Blue Diamond Growers (U.S.)
  • SunOpta Inc. (Canada)

Notable Market Developments: Dairy Alternatives Market

  • In January 2018, Valio has launched oat-based milk and yogurt alternatives.

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Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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